Switzerland
Andrew Crockett to leave the BIS
SWITZERLAND - Andrew Crockett today announced that he would be stepping down as general manager of the Bank for International Settlements in March 2003. He delayed the announcement of his departure until the annual general meeting of the BIS in Basle in…
An analysis of the BIS annual report
SWITZERLAND - The Bank for International Settlement's annual report, released today at the bank's annual general meeting in Basle, worked hard to put an optimistic interpretation on global economic prospects. However, amid the positive notes the report…
Swiss National Bank - Annual Report 2001
ANNUAL REPORT - The Swiss National Bank has issued its annual report for 2001.
Swiss fight for banking secrecy
SWITZERLAND - Swiss officials are digging in to defend secrecy laws synonymous with the country's huge banking industry before talks with the European Union expected in June.
OECD ponders action against tax havens
SWITZERLAND - Switzerland and Luxembourg could face financial sanctions if they continue to refuse to commit themselves to an international initiative against harmful tax practices.
Speech by Jean-Pierre Roth, Swiss Nat Bank, 26 Feb
SPEECH - Roth said in his speech that an independent Swiss franc is an important asset for Switzerland's financial sector. "Neither in the U.K., nor in Switzerland, is European monetary integration considered to be a necessary or a sufficient condition…
Speech by Ulrich Kohli, Swiss Nat Bank, 26 Feb
SPEECH - Kohli concludes in a speech titled 'Will the Euro Make the Swiss Franc Obsolete?' that as long as the SNB maintains an independent course of action, it will uphold the reputation of the Swiss franc as a safe and sound currency, and it will…
Basel Committee Publications No. 89
REPORT - Sharing of financial records between jurisdictions in connection with the fight against terrorist financing, April 2002.
SNB sell 4.1 metric tons of gold in latest 10 days
SWITZERLAND - The Swiss National Bank sold 4.1 metric tons of gold in the latest 10-day reporting period ended March 28, the central bank's regular statistical report showed Tuesday.
Swiss nat bank sells 9.4 tons of gold to 20 March
SWITZERLAND - The Swiss National Bank sold around 9.4 metric tons of gold in its latest 10-day reporting period ended 20 March, the central bank's regular statistics report showed Thursday.
How long will Swiss SNB lay golden eggs?
FEATURE - The Swiss National Bank has decided to lay golden eggs for a while, but will the goose have the guts to say "no" once the party's over?
BIS-Central bankers see world economy improving
SWITZERLAND - Top central bankers see the world economy's prospects more positive than they did two months ago and expect key interest rates to rise only once a more broad-based recovery has been firmly established, Bank of England Governor Sir Edward…
Swiss SNB sold 9.82 tons of gold in past 10 days
SWITZERLAND - The Swiss National Bank sold around 9.82 metric tons of gold in the 10-day reporting period ended Wednesday, the central bank's regular statistics report showed Thursday.
Roth - Independent Swiss franc an important asset
SWITZERLAND - Swiss National Bank President Jean-Pierre Roth said Tuesday that an independent Swiss franc is an important asset for Switzerland's financial sector.
SNB sell 10.3 tons of gold in latest 10-day period
SWITZERLAND - The Swiss National Bank sold around 10.3 metric tons of surplus gold in the 10-day reporting period ended 31 January, the central bank's regular statistical report showed Friday.
Swiss gov't resists bid to widen cen bank mandate
SWITZERLAND - The Swiss government has resisted efforts by leftists and trade unions, during a revision of the central bank law, to make the Swiss National Bank lay equal stress on growth and employment as well as fighting inflation.
Speech by Bruno Gehrig of the Swiss National Bank
SPEECH - Speech by Bruno Gehrig, Vice-Chairman of the Governing Board of the Swiss National Bank, University of St Gallen, St Gallen, 9 January 2002.
Speech by Roger Ferguson of the Federal Reserve
SPEECH - In the speech titled 'Why Central Banks Should Talk' Roger Ferguson strongly welcomes the recent trend across the globe toward greater openness. He concludes that central banks should continue to thoughtfully consider proposals to increase…
End of year speeches from the Swiss National Bank
SPEECH - Introductory remarks from Jean-Pierre Roth, Bruno Gehrig and Niklaus Blattner at the Swiss National Bank end-of-year Media News Conference, Zurich, Switzerland, 7 December 2001.
BIS c bankers see Japan's recession into 2002
SWITZERLAND - Japan's economic slump will continue throughout 2002, central bank governors from 11 major countries agreed during a monthly meeting of the Bank for International Settlements (BIS) on Monday.
Regulators try to ease fears on capital proposals
SWITZERLAND - International banking regulators yesterday intensified efforts to meet industry concerns over the complexity of proposed new rules governing the amount of capital banks must hold.
SNB President - Strong Swiss Franc has advantages
SWITZERLAND - Swiss National Bank President Jean-Pierre Roth is convinced a strong Swiss franc benefits the country's economy, he told weekly magazine Facts in an interview to be published Thursday.
Swiss SNB sold 8.6 tons gold in 10 days to 30 Nov
SWITZERLAND - The Swiss National Bank said Monday that its gold reserves fell by CHF130 million to CHF33.55 billion in the 10-day reporting period to 30 November 2001.
SNB Roth - Franc strength likely to be temporary
AUSTRIA - The president of the Swiss National Bank, Jean-Pierre Roth, said Thursday that he expects the franc's current strength to be temporary, and made it clear that the Swiss monetary policy stance may deviate from that of the European Central Bank.